Focus Merit

Category: All Current Affairs

Qatar to host 2030 Asian Games, 2034 edition in Saudi Arabia

Asian Games 2030
  • The 2030 Asian Games were bestowed to Doha, Qatar and the 2034 event went to Riyadh, Saudi Arabia after a deal was struck between the rival nations.
  • Doha beat Riyadh for the 2030 Games in the vote at the Olympic Council of Asia’s (OCA) general assembly.

ISRO inaugurated a dedicated control center ‘NETRA’ for SSA

  • The Indian Space Research Organization (ISRO) has inaugurated a dedicated Space Situational Awareness (SSA) Control Centre called “NETRA”, at its ISTRAC campus at Peenya, Bengaluru.
  • The ISRO SSA Control Centre ‘NETRA’ was formally introduced by ISRO Chairman K Sivan.

Kylie Jenner tops Forbes’ list of highest-paid celebrities of 2020

highest-paid celebrities
  • American media personality and reality TV star, Kylie Jenner has been topped the highest-paid celebrity of 2020 by Forbes.
  • The top-earning stars in the world earned a combined of $6.1 billion in 2020 with Kylie Jenner. Placing aside Kylie’s history with Forbes, the financial experts there calculated her earning this year to be at $590 million after she sold a majority of her beauty brand’s stake to Coty Inc.

India stands 131 in the Human Development Index 2020

  • According to the report published by the United Nations Development Programme (UNDP), India has been dropped two positions to 131 among 189 countries in the 2020 Human Development Index.
  • Norway topped the index, followed by Ireland, Switzerland, Hong Kong and Iceland, the report revealed.

SAIL receives the Golden Peacock Environment Management Award 2020

Steel Authority of India Limited
  • Steel Authority of India Limited (SAIL) has been conferred the esteemed Golden Peacock Environment Management Award for the year 2020 in the Steel Sector by the Institute of Directors.
  • The company has been the winner of this award for consecutive two years and this shows testimony to the efforts made by it for sustainable and environmentally responsible steel making. This award is one of the most coveted awards in the category.

SBI Ecowrap Report predicts India GDP to contract 7.4% in FY21

  • The State Bank of India, in its research report ‘Ecowrap’ has updated the GDP growth of India at (-) 7.4 percent in FY21.
  • Earlier this prediction was (-) 10.9 percent. The SBI research report has also forecast India’s GDP growth in FY22 at 11 percent.

India and World Bank ink $400 million projects to protect India’s poor

World Bank
  • The Government of India and the World Bank have inked a $400 million project to guard vulnerable groups in urban and peri-urban areas across the country affected by COVID-19.
  • This is the second such assistance in the series of two ‘Accelerating India’s COVID-19 Social Protection Response Programme’. Under the first operation, $750 million was recommended by World Bank in May 2020.

Canara Bank starts “FX 4 U” for forex remittance via Internet Banking

Canara Bank
  • Canara Bank has started FX 4 U that enables its whole internet banking users to handle forex transactions hassle-free.
  • FX 4 U is used for forex remittance via internet banking. With this development, eligible customers will be able to undertake a remittance facility in adherence to the FEMA regulations 1999.